131. What is the cost effective ?
A. Cheap things
B. Substandard things
C. Economical in terms of the goods or services received for the money spent
D. Free in terms of the goods or services received for the money spent

132. Cost of production plus a fixed rate of profit is called ?
A. cost plus
B. Cost effective
C. End price
D. Consumer price

133. Which term is used for a bank account which can be operated at will ?
A. Saving Account
B. Fixed account
C. Current account
D. Fluctuated account

134. What is Demand note ?
A. Draft payable in lawful money upon demand
B. Cheque payable in lawful money upon demand
C. Security payable in lawful money upon demand
D. Term deposit payable in lawful money upon demand

135. Depression is a drastic decline in a national or international economy. It’s characteristic is_____________
A. Decreasing business activity
B. Falling prices
C. Unemployment
D. All of these

136. What does mean by Deed________________?
A. legal instrument used to grant a right
B. Something done
C. legal instrument
D. none of the above

137. What is referred by the discount rate________________?
A. Advance deduction of the interest in purchasing, selling or lending a commercial paper
B. State (central) Bank’s interest rate on loans to its member banks
C. Both of them
D. None of them

138. Different workers or group of workers separate the production works and trade into__________processes. What this separation is called?
A. Divided Labor
B. Closed shop
C. Division of Labor
D. Open shop

139. Downsizing is______________?
A. to make in a smaller size
B. to make in a actual size
C. to make in a half size
D. None of the above

140. Which money is called ‘Earnest’ Money ?
A. Advanced payment to bind a contract or bargain
B. A token of something to come
C. A promise or assurance
D. All of these

 

This Post Has One Comment

Leave a Reply